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Golden BayGolden Bay - SUBURB PROFILE REPORT
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Property investors have seen a 0.74% gain in GOLDEN BAY based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains GOLDEN BAY, 6174 saw average growth in the long term.
The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $340,000
Profits averaged 0.5% per annum over a 3-year period, due to an upward trend in home prices in GOLDEN BAY, 6174.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
The gross rental yield in GOLDEN BAY, 6174 is 5.35%.
An average of 8.75 real estate transactions take place per month in GOLDEN BAY which translates to 105 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $340,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.74% | N/A |
| Median 12 month | 3.58% | N/A |
| Median 3 years | 1.49% | N/A |
| Median 5 years | -13.92% | N/A |
| 10 years average annual | -2.25% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 52.5 days | N/A |
| Gross Rental Yield Percent | 5.35% | N/A |
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